If we turn to the official Bitminer Factory site
https://bitminerfactoryico.io/, we can find out about the company the following information. Bitminer Factory is quite a large company that stretches across three European countries: Switzerland (expertise in financial services, regulatory aspects of work), Italy and Bosnia (the largest operator of mining farms in these countries with more than 1,000 mine workings). The company has its start in 2016 and during this time it is only expanding its borders, replenishing its staff with high-quality specialists and implementing innovative solutions in its work. The main mining facilities located in Bosnia allow the use of cheap electricity for the production of crypto currency (0.05 € / kWh), which significantly reduces costs. In addition, they use electricity, which remains unclaimed, which positively affects the entire energy complex.
To date, the company conducts its own ICO, which is conducted with the aim of attracting additional investments in the company with a view to expanding it. By reaching 30% of the planned Hard Cap, namely the amount exceeding $ 20 million, the company will begin construction of solar and hydroelectric power stations, as the company uses 100% of clean renewable energy as a priority, besides, surplus electricity will be realized, giving additional profit to investors . Mobile mining installations can be moved as soon as possible in the event of a change in the location of the dislocation.